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GrowLife, Inc. Promotes Joseph Barnes to President of GrowLife Hydroponics

2017-08-16 09:00 ET - News Release

GrowLife recently announced its third consecutive growth quarter


Company Website: http://www.growlifeinc.com
KIRKLAND, Wash. -- (Business Wire)

GrowLife, Inc. (OTCBB: PHOT), one of the nation’s most recognized indoor cultivation service providers, announced the promotion of Mr. Joseph Barnes, Senior vice-president of business development, to President of GrowLife Hydroponics, Inc., GrowLife, Inc.’s channel management subsidiary.

GrowLife, Inc. reported 100% year-over-year quarter revenue growth in its June 30, 2017 10-Q filed with SEC on August 11, 2017, confirming its upward trajectory in an ever-growing competitive market. This is the third consecutive revenue growth quarter due to GrowLife Hydroponics' contribution, the distribution arm, contributing the highest gross margin in over a year. In addition, the Company announced the expansion of distribution in Canada along with three additional retail licensees in California.

“I am proud of Mr. Barnes’ leadership and performance in GrowLife Hydroponics over the last year and, as a result, am pleased to promote him to head our Hydroponics channel management subsidiary; it is a well-earned move,” stated Mr. Marco Hegyi, Chief Executive Officer and Chairman of GrowLife, Inc. “As GrowLife, Inc. continues to fulfill its expansion initiatives with the addition of products and services to distribution, I view Joe’s continued contribution as essential to GrowLife’s success,” continued Mr. Hegyi.

GrowLife, Inc. is the publicly traded holding company (Ticker: PHOT) of business subsidiaries. GrowLife Hydroponics is the channel management subsidiary and primary pillar of the Company’s recently announced strategy found in the June 30 10-Q. GrowLife Hydroponics includes direct sales, e-commerce and hydroponic stores, both company-owned and licensed retailers. Other expansion pillars mentioned in the Management Discussion in the 10-Q include Technology, Data Analysis, Operations Services and Education to help both businesses and consumers expanding with indoor cultivation offerings.

“GrowLife has walked through some challenges over the last few years, which have made us stronger, wiser and leaner. We can now execute faster than our competitors and better serve our customers,” commented Mr. Joseph Barnes, President of GrowLife Hydroponics. “We are just getting started and hiring the best direct sales team that is now covering the United States and Canadian markets,” continued Mr. Barnes.

For more information about GrowLife and GrowLifeEco.com please visit: www.growlifeinc.com. Additional commentary on the Company as well as the industry is also provided on Mr. Hegyi’s blog. Specific financials and corporate actions on GrowLife (OTCBB: PHOT), can be found in the filings at the SEC website.

About GrowLife, Inc.

GrowLife, Inc. (PHOT) (www.growlifeinc.com) aims to become the nation’s largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representative covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics equipment, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, WA and was founded in 2012.

Contacts:

GrowLife, Inc.
Media Relations/Investor Relations
Marco Hegyi, 866-781-5559
info@growlifeinc.com

Source: GrowLife, Inc.

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